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Fokona

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BUSINESS & WEALTH CREATION

This section focuses on how to build and grow wealth through business in Nigeria. Learn how to manage business finances, increase profit, and scale your business. Ask questions and get practical answers to improve your results.

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Philip wealth
Philip wealth
Asked: March 27, 2026In: BUSINESS & WEALTH CREATION

What Does the “Is This Question a Poll?” Feature Mean on Fokona and How Does It Work?

I still don’t understand what’s this feature on fokona mean. ” Is this question is a poll? If you want to be doing a poll click here.”

fokona
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Afogu chinedu
Afogu chinedu
Asked: March 24, 2026In: BUSINESS & WEALTH CREATION

How Is Investment Value Calculated in an Unlisted Business, and How Are Ownership and Profit Shares Determined?

Please sir, Iking Ferry on Facebook you made mention of someone willing to invest in Fokona Moderator business; My question is, let’s take it that you accepted, how would you calculate the business and ...Read more

iking ferry
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Abdulbasit
AbdulbasitBeginner
Asked: April 16, 2026In: BUSINESS & WEALTH CREATION

How Can I Start a Cooking Gas Business in Nigeria and Scale to a Wholesale Gas Plant? Structure, Costs, and Strategy Explained

Good morning. This question is directed to Iking Ferry He wants to start a gas business, along with a POS and phone-charging business, in a school environment. He intends to run it as a properly structured business, ...Read more

Business
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Anonymous
Anonymous
Asked: April 15, 2026In: BUSINESS & WEALTH CREATION

Should I Use a Holding Company and Trading Company for My Business in Nigeria?

I want to start a buying and selling business and according to your post on facebook you advice that a beginner should start with a holding company and a trading company in terms of structure. My questions are ( 1) ...Read more

Business
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Nwanne
Nwanne
Asked: April 11, 2026In: BUSINESS & WEALTH CREATION

What Is the Best Business Structure for a Private Nursery and Primary School in Rural Nigeria?

I have read your write up on business structure over and over, but I still need guidance. My question: Please, how do I get structure for my nursery and primary school business situated in a rural-rural settlement?

Businessquestion
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Akinboboye oludayo Joseph
Akinboboye oludayo Joseph
Asked: April 11, 2026In: BUSINESS & WEALTH CREATION

Can I Put My Fish Farming Business in a Trust in Nigeria? Costs, Benefits, and How It Works

Please how do I go about to get my business trust structured , the costs and benefits I will get from having my business in trustee hands

every onefish farmingTrust
2
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Esther Oladimeji Salami
Esther Oladimeji Salami
Asked: April 10, 2026In: BUSINESS & WEALTH CREATION

Which is the best to invest in between Money market fund and Federal Government bond?

As a beginner kindly advise me on which is best to start investing between money market and Federal Government bond

pollquestion
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Amachree Awongo
Amachree Awongo
Asked: April 5, 2026In: BUSINESS & WEALTH CREATION

Real Estate – Rentage vs sales, which is better?

Is it better to build houses and give out for rent or build and sell them?

housesquestionreal estaterentsale
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Chibueze Okorie
Chibueze Okorie
Asked: April 2, 2026In: BUSINESS & WEALTH CREATION

How long does 1kilogram of gas last on a 2500 make electricity generator.

Based on the current hike in the price of petrol am seriously considering converting my 2500 model electricity generator to a gas powered caberator so I want to know the consumption rate. For instance, how long does a kilogram of ...Read more

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Philip wealth
Philip wealth
Asked: April 1, 2026In: BUSINESS & WEALTH CREATION

USA stocks clarity on total returns

On my USA stocks I bought last month from 3 different companies. Total return showing $1.50 Total return showing $3.70 Total return showing $4.17 What does this mean???

iking ferry
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Chrysostom
Chrysostom
Asked: March 31, 2026In: BUSINESS & WEALTH CREATION

Invest vs marketing

What is the use of investment knowledge when there is no income stream.

teenyouth
3
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Ozioma Victory
Ozioma Victory
Asked: March 31, 2026In: BUSINESS & WEALTH CREATION

financial independence ”

“At what point does financial independence stop being about freedom and start becoming a limitation to growth?”

everyone
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